VIETNAM AUTOMOTIVE BUSINESS AT A CROSSROADS: A JUMP TO FUTURE TECHNOLOGY

Authors

  • Long Nguyen Vietnam Japan Hi-tech R&D Center https://orcid.org/0000-0002-4631-9549
  • Ngoc Huy Nguyen MKTP Company Limited.
  • Thi Le Van Nguyen University of Economics and Business- Vietnam National University, Ha Noi.

Keywords:

automotive, business

Abstract

Automotive businesses are defined as groups of automotive manufacturers (ODM), original equipment manufacturers (OEM) and upstream groups such as supporting industries enterprises, raw materials enterprises such as metal, plastic, rubber, glass, power, energy…downstream, including spare parts, fuel, transportation, logistics, insurance… along with adjacent industries including education and training, finance, banking… and influence groups such as Government agencies, policymakers, professional organizations, social organizations...


Economic growth and development depend on the automotive industry’s development. The automotive business also contributes to several important aspects of the country, like generating national income, developing the economy, encouraging human development, promoting research and development (R&D), and innovation.


The automotive enterprises in Vietnam are divided into three main types: foreign direct investment enterprises (FDI), joint venture companies, and Vietnamese capital-owned enterprises. A common feature among these firms is that they typically follow similar
processes, namely: CKD (Complete Knock Down) means assembling domestically with 100% of imported components; CBU (Complete Built Unit) means importing and distributing vehicles that were manufactured entirely abroad; and SKD (Semi-Knocked Down) means assembling vehicles locally with some localized components.


According to the General Statistics Office (GSO), Vietnam has more than 3,027 supporting industries enterprises in the fields of mechanics and automobiles. According to the Ministry of Industry and Trade (MOIT), more than 350 auto-related manufacturing enterprises have a total designed assembly capacity of about 680,000 vehicles per year, with a domestic production and assembly output that meets up to 70% of the domestic demand for passenger cars with fewer than nine seats.


The following factors can bolster the advanced developments in the Vietnamese automotive industry: the marketplace, parts production, human resources, technology, and policy & regulation. In particular, previous studies have mentioned the localization rate, supporting industries, market share, human resources, and government policy. Nevertheless, there has not been research that mentions the factors affecting Vietnam automotive business, especially affected by factors beyond the era of industrial revolution 4.0 (IR4) and the trend of future technology.


At a Crossroads, Vietnam Automotive Business should make a Jump to Future Technology including promoting parts and components production such as ZEV (Zero Emission Vehicle), SW (Software), E/E (Electrical and Electric Components) of CASE (Connected vehicles, Autonomous driving, Shared mobility, Electrification of the powertrain) and development of electric vehicles (EV). To support that, human resources development, promoting R&D, and strengthening the application of policy and regulation in relevant fields are necessary.

Author Biography

Long Nguyen, Vietnam Japan Hi-tech R&D Center

Personal data

  • Nguyen Duc Bao Long (05-04-1976)
  • Education: BA of Japan Studies (1998) – MBA (Griggs University USA 2011) – DBA (EU Business School Switzerland 2014) – Postdoc (California State University USA 2015) General – Postdoc (Oxford UK 2018) Leadership and Public Policy – Postdoc (Oxford UK 2019) Leadership and Risk Management

Experience

  1. Technology and Lean Production Training (from 2008)
  2. Automotive parts and machinery parts production for world-class OEMs (from 2008)
  3. International academic publications about Management, Engineering, Social Sciences, Teaching and Education, Public Relation
  4. Start-ups of high technology (hybrid part, green car part, zero emission vehicle <ZEV>, R&D)
  5. Advisor for MOLISA, ILO, JITCO, VAMAS about non-immigrant labour
  6. Researcher of Hi-tech R&D (Automation and Robotics Technology; Machining Technology; High-Pressure Casting Mold, Advanced Material; 4.0 Technology: AI, BlockChain, Big data, IoT…)

Publication

  1. Nguyen Duc Bao Long, Khong Sin Tan, Ho Lu Lam Tran. “Vietnam Automotive Industry toward 2018”. International Journal of Business and Management Studies, ISSN: 2158-1479 :: 04(02):191–204 (2015).
  2. Nguyen Duc Bao Long, Nguyen Phuc Vinh Tuong, Nguyen Duc Quynh Lan. “Developing Strategy for Petro Vietnam Gas Joint Stock Corporation toward 2025”. International Journal of Business and Management Studies, ISSN: 2158-1479 :: 06(02):69–90 (2017).
  3. Nguyen Duc Bao Long, Ho Lu Lam Tran, Nguyen Thi Le Van, Nguyen Duc Quynh Lan. “Human Resources Development for Supporting Industries through Technical Intern Trainee Dispatch Program of JITCO”. International Journal of Arts & Sciences, ISSN: 1944-6934 :: 10(02):197–208 (2017).
  4. Phan Van Dinh, Nguyen Thi Le Van, Nguyen Duc Bao Long. “Promotion of Pharmaceutical E-Tender in Public Hospital in Vietnam”. Academic Journal of Science, ISSN: 2165-6282 :: 07(03):149–160 (2017).
  5. Tran Khac Hung, Nguyen Duc Quynh Lan, Nguyen Duc Bao Long, Nguyen Thi Le Van. “Influence of job satisfaction on the employee retention among SMEs in Hanoi”. International Journal of Business and Management Studies, ISSN: 2158-1479 :: 06(02):181–190 (2017).
  6. Tran Duc Anh, Nguyen Duc Bao Long, Nguyen Thi Le Van. “Development Strategy for the Tourism Industry of Ho Chi Minh City”. Humanities and Social Sciences Review, ISSN: 2165-6258 :: 07(02):201–210 (2017).
  7. Nguyen Phuc Vinh Tuong, Thai Hong Thuy Khanh, Tran Dinh An and Nguyen Duc Bao Long. “The selection process of the International South East Asian students in choosing the United States as their study destination”. Journal of Teaching and Education, ISSN:2156-6266 ::08(01):58-67 (2018).
  8. Nguyen Duc Bao Long, Nguyen Thi Le Van, Nguyen Duc Quynh Lan, Tran Van Tuan. “Factors influencing the Success of Technical Trainee Program of Vietnamese Interns with JITCO”. International Journal of Multidisciplinary Thought. ISSN: 2156-6992 :: 07(02):221–234 (2018).
  9. Tran Van Ai, Nguyen Duc Bao Long, Nguyen Thi Le Van. “A study of effective competitive strategy of garment companies in Vietnam”. International Journal of Business and Management Studies, ISSN: 2158-1479 :: 07(02):301–312 (2018).
  10. Le Quoc An, Nguyen Duc Bao Long, Nguyen Thi Le Van. “Online consumer satisfaction in fashion industry in Vietnam”. International Journal of Business and Management Studies, ISSN: 2158-1479 :: 07(02):313–324 (2018).
  11. Nguyen Duc Quynh Lan, Nguyen Duc Bao Long. “Key attributes to win online consumers in Vietnam”. International Journal of Business and Management Studies, ISSN: 2158-1479 :: 07(02):313–324 (2018).
  12. Le Quoc An, Tran Van Ai, Nguyen Duc Bao Long. “The Belt and Road Initiative and Its Perceived Impacts on the Textile and Garment Industry of Vietnam”. Journal of Open Innovation: Technology, Market, and Complexity, ISSN: 2199-8531, 2019, 5, 59; doi:10.3390/joitmc5030059.

Proceedings

  1. Long Duc Bao Nguyen, Vu Minh Tuan, Thai Thanh Hai, Nguyen Duc Quynh Lan, Nguyen Ngoc Huy. “Study on operation management for eliminate defect on automotive diecasting mass production”. 4th Academic International Conference on Interdisciplinary Business Studies proceedings on May 2019. ISBN: 978-911185-98-7.
  2. Tracy Trang Ly, Ly Sieng, Nguyen Duc Bao Long, Nguyen Thi Le Van. “Talent management in Nhon Hoa scale company”. 4th Academic International Conference on Interdisciplinary Business Studies proceedings on May 2019. ISBN: 978-911185-98-7.
  3. Long Duc Bao Nguyen, Ly Tracy Trang, Tran Cong Doan, Le Quoc An, Tran Van Ai. “The belt and road initiative (BRI): A Vietnamese perspective”. 4th Academic International Conference on Interdisciplinary Business Studies proceedings on May 2019. ISBN: 978-911185-98-7.
  4. Thiet Thanh Le, Tran Diem Phuong, Tran Vu Le, Nguyen Duc Bao Long, Nguyen Thi Le Van. “Employee commitment at Vietnamese private company”. 4th Academic International Conference on Interdisciplinary Business Studies proceedings on May 2019. ISBN: 978-911185-98-7.
  5. Doan Cong Tran, Vo Xuan Truong, Nguyen Duc Bao Long, Nguyen Thi Le Van, Tran Duc Anh. “Mekong one meal initiative”. 4th Academic International Conference on Interdisciplinary Business Studies proceedings on May 2019. ISBN: 978-911185-98-7.
  6. Long Duc Bao Nguyen, Lan Duc Quynh Nguyen. “The industry revolution 4.0 and commerce transformation in Vietnam”. 4th Academic International Conference on Interdisciplinary Business Studies proceedings on May 2019. ISBN: 978-911185-98-7.

Supervision

  1. Postdoctoral level: 6
  2. Doctoral level: 2
  3. Master level: 3
  4. Bachelor level: 1
  5. Conference level: International Journal of Arts and Sciences Conference at Harvard University Section Chair (2017), NTTU Annual International Conference organizer (2015, 2016, 2017, 2018, 2019)
  6. Journal presentation & paper: International Journal of Arts and Sciences Conference at Harvard University annually, FLE learning Conference at Harvard University 2019

Published

2022-02-22

Issue

2022: E-BOOK: VIETNAM AUTOMOTIVE BUSINESS AT A CROSSROADS: A JUMP TO FUTURE TECHNOLOGY

Section

Business Management

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